People's Bank v. American National Bank

This is a bill in chancery in the nature of a bill of interpleader, filed by the People’s Bank of Blooming-ton, Illinois, against the American National Bank of Findlay, Ohio, and others. The bill avers and the evidence adduced on the hearing discloses the following facts: On March 30, 1906, the Schneider Shoe Company, a corporation organized and doing business under the laws of Illinois, and engaged in the retail boot and shoe business in Bloomington, Illinois, being insolvent, prepared a statement of its financial condition, showing the approximate value of its assets and its approximate…